NOTICE OF UPGRADE

Our websites will be unavailable between the hours of AEST 4AM September 17, 2022 and AEST 11PM on date September 18, 2022

InvestoGain Australia
 

SEARCH LISTED COMPANY


Any AUS or NZ company

Browse Australian listed companies

0-9A B C D E F G H I J K L M N O P Q R S T U V W XY Z

Browse current Australian managed funds

0-9A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

SEARCH PRIVATE COMPANY


SEARCH FUNDS

Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:

VIP GLOVES LTD (VIP)

Click here for free access to this company's:
ASX, Legal & CGT Status

Former (or subsequent) names

 FROMTO
VIP GLOVES LTD14/12/2018
VOLTAGE IP LIMITED18/01/200614/12/2018
SECURIX CORPORATION LIMITED24/12/200418/01/2006
EGLOBAL INTERNATIONAL LIMITED26/02/200124/12/2004
COMS21 LIMITED26/02/2001

Shareholder links

Our website ranking of VIP: rating 2
(2 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Boardroom Pty Ltd
Level 8, 210 George Street, Sydney NSW 2000
Tel : +61 2 9290 9600 or 1300 737 760
Fax : +61 2 9279 0664 or 1300 653 459
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000VIP0
Address: Level 26, 360 Collins Street, Melbourne VICTORIA 3000, Australia
Tel:  +(60)3 - 8766 8191Fax: +(60)3 - 8766 7191

Date first listed: 05/02/1997

Sector: Health Care Equipment & Services Industry Group: XIJ
Activities: Production of single use nitrate gloves for medical industry

News & Events

Expand this box to read and print

The company has signed a Sale and Purchase Agreement with Target Precast Industries Sdn Bhd for the disposal of a vacant 13,203 sqm land. The total cash consideration is MYR7,952,313. The disposal will provide significant working capital for the group to meet its financial obligations. KLE will receive a 5% of the total disposal price, 7% of the initial price, and a 3% retention sum from the purchaser's solicitor. The remaining 90% will be paid within three months after obtaining all necessary consents. The deal is expected to be completed in the fourth quarter of 2024, unless unforeseen circumstances arise. KLE has previously entered into a transaction with the same purchaser in March 2023, but the deal was delayed due to unresolved internal issues. Both vendors and purchasers are committed to working closely to ensure a seamless transaction.

06/05/2024

The company lodges its Half Yearly Report and Accounts.

29/02/2024

The Court of Appeal of Malaysia has allowed the appeal by ACE Solutions Investments Ltd and set aside an earlier High Court order dated 25th October 2021 in allowing the Company's striking out application. VIP was named in a Writ of Summons, served in Malaysia by ACE, the Plaintiff, alleging that the Company had denied the Plaintiff the right to receive a placement of 74.5 million shares in the Company at a price of A$0.04 per share on the basis of wrongful and unlawful breach of a purported agreement between the Plaintiff and Company representatives. The VIP board strenuously denies the claims and considers the claim frivolous, vexatious, oppressive, and an obvious abuse of Court process. With this order by the Court of Appeal, the case is now be reverted to the High Court.

31/01/2024

Under Listing Rule 17.6, an entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday, 21 August 2023 would have its securities suspended from Official Quotation before the commencement of trading on Tuesday, 22 August 2023. The following entity has failed to pay to ASX Limited the annual listing fees for the year ending 30 June 2024 and consequently will have its securities suspended from quotation immediately. The company has failed to pay to ASX the annual listing fees for the year ending 30 June 2024, and its securities are already suspended from quotation.

22/08/2023

Shareholders in this company should consider crystallising a capital loss in 2023/24 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

01/08/2023

The company lodges its Quarterly Activities/Appendix 4C Cash Flow Report.

28/04/2023

The Company's two wholly owned Malaysian subsidiaries have executed a sale and purchase agreement for the sale of the vacant land adjoining the existing factory site to Target Precast Industries Sdn Bhd (an unrelated Malaysian company) for MYR 7,952,313 (AU$2.65 million). The sale of land and buildings will provide a significant cash injection for the Company, with funds used to eliminate financial borrowings and provide ongoing working capital.

21/03/2023

The company releases a notification of cessation of securities.

06/03/2023

Notwithstanding that the transaction has been announced today, VIP's securities will continue to remain suspended, pending VIP's appointment of sufficient directors to comply with section 201A(2) of the Corporations Act 2001 (Cth)

13/02/2023

Through the Company's two wholly owned Malaysian subsidiaries they have executed a sale agreement for the sale of land and buildings to Intergrasi Sdn Berhad; and simultaneously executed a tenancy agreement with Intergrasi (Leaseback). The Leaseback will commence immediately upon receipt of the second tranche payment for sale of the land and buildings. The transactions comprise the following: the sale of land and buildings for Malaysian Ringgit (MYR) 17 million (approximately A$5.61 million); and the Leaseback by VIP of the land and buildings. The sale of land and buildings will provide a significant cash injection for the Company, with funds used to eliminate financial borrowings and provide ongoing working capital.

13/02/2023

The securities of VIP Gloves Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of VIP, pending the release of an announcement regarding a proposed transaction.

07/02/2023

The suspension of trading in the securities of VIP Gloves Ltd will be lifted immediately following the release by VIP of an announcement regarding the appointment of an Australian resident director.

17/01/2022

The company releases a notification of cessation of securities.

31/12/2021

The company releases a notification regarding unquoted securities.

30/12/2021

The company releases a notification of cessation of securities.

30/12/2021

The company releases a notice of application for quotation of securities.

30/12/2021

The company releases the results of its meeting.

29/11/2021

The company releases its AGM Presentation to Shareholders.

29/11/2021

ACE Solutions Investments has lodged an appeal against the High Court decision in allowing the Company's striking out application on 25 October 2021. The VIP board continues to deny the claims made by ACE and deems they have no merit, are frivolous, vexatious and oppressive; and via its appointed legal representatives Yap Siew Yee & Co will defend against the Plaintiff's appeal.

29/11/2021

Folllowing the resignation of Mr David Low as a director, resolution 2 on the Notice of Annual General Meeting dated 20 October 2021 is withdrawn as Mr Low will not be seeking re-election as a director.

29/11/2021

The securities of VIP Gloves Limited will be suspended from quotation immediately under Listing Rule 17.2 at the request of VIP, pending VIP's appointment of sufficient directors to comply with section 201A(2) of the Corporations Act 2001 (Cth).

24/11/2021

The securities of VIP Gloves Limited will be reinstated to Official Quotation as from the commencement of trading on Monday, 5 October 2020 following lodgement of its audited accounts for the year ended 30 June 2020.

05/10/2020

The company releases an Appendix 4G and Corporate Governance Statement 2020.

02/10/2020

The company lodges its FY20 Full Year Statutory Accounts.

02/10/2020

The securities of VIP Gloves Ltd will be suspended from Official Quotation immediately under Listing Rule 17.5 following its failure to lodge audited accounts for the year ended 30 June 2020 by the due date. VIP lodged its Appendix 4E on 31 August 2020 without satisfying the conditions for the ASX class waiver issued on 16 June 2020, "˜Extended Reporting and Lodgment Deadlines'.

01/10/2020

The securities of VIP Gloves Ltd will be reinstated to Official Quotation as from the commencement of trading on Tuesday, 29 October 2019 following lodgement of its Statutory Accounts for the year ended 30 June 2019.

28/10/2019

The company releases its App4G and Corporate Governance Statement.

28/10/2019

The company lodges its Full Year Statutory Accounts.

28/10/2019

The company's securities will be suspended from Official Quotation in accordance with Listing Rule 17.5 from the commencement of trading today, 1 October 2019, following failure to lodge the relevant periodic report by the due date.

01/10/2019

The securities of VIP Gloves Ltd will be reinstated to Official Quotation immediately following lodgement of its Half Year Financial Report for the year(s) ended 31 December 2018.

28/05/2019

The company lodges its Half Yearly Report and Accounts.

28/05/2019

name changed from Voltage IP Limited

14/12/2018

 

Click here for free access to this company's:
ASX, Legal & CGT Status

Your comments

Please read our Terms before viewing comments.

 

Company Updates

Post your comments here

Please read our Terms before posting comments.
OMISSIONS
    You can post a comment here about this company

    Please click in the "I'm not a robot" box and enter the word/figures you see in the image that then appears.

    loading Posting your comments. Please wait...

     


     

    Click here for free access to this company's:
    ASX, Legal & CGT Status

    Directors' on-market share transactions (last 5)

    rss feeds

    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    15/12/2020David Chee Cheong Low80,000$0.075$6,000
    15/12/2020Peter Ng48,600$0.072$3,499
    11/09/2020David Chee Cheong Low180,000$0.079$14,300
    07/12/2017Joe Wong4,826$0.045$217
    28/11/2017Joe Wong5,174$0.045$233

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Hui ZhouIndependent Director01/08/2023
    Alfonso ChuIndependent Director01/08/2023
    Gang ZhouIndependent Director01/08/2023
    Jimmy YangExecutive Director27/11/2017
    Kay ChenExecutive Director10/06/2021
    Mark MaineCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Joe WongNon Exec Director27/11/201719/02/2024
    Sebastian ChangNon Exec Director08/08/201901/04/2023
    Joanne KingIndependent Director17/01/202220/02/2023
    Peter NgIndependent Commissioner24/10/201913/02/2023
    David Chee Cheong LowIndependent Director08/10/201923/11/2021
    Wee Min ChenNon Exec Director24/08/201817/05/2021
    Michael HigginsonNon Exec Director27/10/201705/06/2020
    Wayne JohnsonNon Exec Director27/10/201730/09/2019
    Kah Ling ChangChairman22/09/201722/10/2018
    Wee ChenChairman28/01/201609/11/2017
    Frank LicciardelloChairman18/11/201527/10/2017
    Lee MitchellNon Exec Director31/01/201727/10/2017
    Ai ChongDirector28/01/201628/08/2017
    Craig SanfordDirector28/01/201631/01/2017
    Chin HowNon Exec Director13/05/200928/01/2016
    Henry ChooNon Exec Director05/12/201328/01/2016
    Pok KongNon Exec Chairman22/10/200918/11/2015
    Kit ChyeNon Exec Director13/05/200905/09/2012
    Don PattersonNon Exec Director05/10/201113/07/2012

    Date of first appointment, title may have changed.